Beat Capital-backed Brace Underwriting Limited has announced the launch of Brace USA, naming Glenn Dorr as President and Head of Marketing, North America.
Headquartered in North Carolina, Brace USA is set to “mirror the appetite” of its London counterpart, focusing exclusively on binder business, excluding natural catastrophe, cyber and long-tail liability lines.
Dorr, who holds more than three decades of industry experience, will spearhead the business. He has previously held senior distribution positions at Hiscox, Lloyd’s and HCC Specialty and most recently served as head of distribution at Brace.
Brace explained that the US launch coincides with its fourth anniversary and signifies “an exciting stage” in the business’s growth.
Adam Holberry, Group CEO of Brace, and to whom Dorr will report, commented, “Brace set out to provide support to the niche and alternative risk MGAs so often underserved by traditional P&C carriers.
“Following four successful years, it is the natural next step to expand our footprint further into the US and partner with businesses with multi-class approaches and non-standard exposure, coupled with a compelling distribution advantage.
“With Glenn at the helm, supported by the wider Brace leadership team, I am confident that Brace USA will quickly find success.”
Dorr himself added, “We are tremendously excited to launch Brace USA and to stand shoulder to shoulder with our specialty MGA partners, offering them the strength, energy and domestic A-rated capacity to allow these entrepreneurs to grow their businesses in their chosen fields.”
